Farm Home & Youth Foundation of Montgomery County

Analysis

Farm Home & Youth Foundation of Montgomery County is a registered charity in United States, based in Collegeville, PA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Farm Home & Youth Foundation of Montgomery County reported income of $315k and spending of $281k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $315k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farm Home & Youth Foundation of Montgomery County sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Haitian Leadership Development ($315k), Paralyzed Veterans of America ($315k) and Warrior Food Project Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $56k (20% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.5m against liabilities of $18k, net assets of $1.5m. It reported 5 employees.